PROFILE OF THE SUPERVISORY BOARD’S (‘SB’) SCOPE AND COMPOSITION 2009

This profile is amended and adopted on December 17th, 2009 on the basis of article 3.1 of the Rules of the SB in replacement of the on September 27th, 2007 adopted profile.

Taking into account the nature of the Company’s business and its activities, the SB’s scope and composition (and division of duties) is as follows.

The SB consists of six members. The SB strives for a diverse composition. Members of the SB are, also in connection with diversity, selected and nominated on the basis of the following selection criteria:

• an economic, financial, administrative and accounting, strategic, social politic respectively organisational background;
• international) knowledge and experience in activities related to Vopak’s core activities and/or markets in which Vopak operates such as Oil - Petrochemical or LNG related industries;
• competences and expertise as stated in the Principles and Best Practice provisions of article III.3 and III.3.2. in the Code
• at least one member will be a so-called financial expert as meant in the Code;
• line management experience;
• (former) association with a publicly held enterprise;

• independence: the SB preserves the right at the drawing up of a non-binding nomination for appointment at the SB to deviate from Best Practice provision III.2.1 of the Code that all members except one person* will be independent as meant in Best Practices provision III.2.2 of the Code.

The composition of the SB will be such that the combination of experience and expertise of its members will enable the SB in the best way to perform its duties towards the Company and the stakeholders of the Company (including its shareholders).

* As of March 5th, 2004 Mr. M. van der Vorm is not in compliance with the independence requirements in view of his chairmanship of the EB of HAL Holding NV, which company holds a capital interest of 39.70 percent in the Company. Mr. C.J. van den Driest, as former chairman of the Executive Board, does not comply with the independence requirement of article III.2.2 sub (a) of the Code.